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Although Trump enacted the $10,000 SALT cap in 2017, he reversed his position last year on the campaign trail, vowing to “get ...
The IRS allows deductions for the cost of a ransomware attack as a business expense, as long as you can provided receipts of ...
While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, ...
The Inflation Adjustments announced by the IRS affect some amounts in credits and deductions for 2025, for the better, as tax ...
With taxes, it can pay to keep things simple. These 5 tax deductions let you trim your tax bill without itemizing.
Like most filers, we usually take the standard deduction, but itemizing our taxes is saving us money this year.
Here’s what to know about tax season and Tax Day, a quick explainer on how tax breaks work and a list of 10 strange, creative ...
Here are some key tax moves seniors should make before the April 15 tax filing deadline: ...
Some might be. In general, most closing costs are not tax-deductible. This is because the IRS regards them as part of the ...
A new bill in North Carolina aims to provide an income tax deduction for tips and bonus pay, potentially benefiting many ...
Often federal tax returns are denied because of errors made by the taxpayer. These errors are often easily fixed if double-checked by taxpayer.
From April 1, 2025, the Union Budget 2025 introduces major TDS rule revisions, benefiting senior citizens with higher ...
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